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<p>[QUOTE="Just Carl, post: 785867, member: 4552"]Decent explanation. However, I would usually either add for postage and handling or subtract that if it is included. </p><p>The problem is there really is no such thing as a coin actual value. What they are when issued is the only real price of a coin. After that, they are what someone will pay for them. And always remember that they are called GUIDES. Not price listings and if they do call them that, they are in error. </p><p>A good example is attempting to place a value on a 1955 Lincoln Cent Double Die. No one knows how many are in existence. How many were made. How many of thoes are left. What grades they are all in. Any value placed on that one alone is just a GUESS and that is why those listings are GUIDES. </p><p>A decent method to evaluate your coins is to purchase a Red Book about three or four issues old. The prices listed in that one would be closer to what coins sell for today. I presently use the 2006 edition for evaluating my coins. </p><p>People always misunderstand that those GUIDES are just GUIDES. </p><p>Coins are sort of like buying a used house, used car, etc. Someone puts a price on them. Someone else counters with a less price. And that goes on until the item is sold. </p><p>All just a hobby and/or buisness.[/QUOTE]</p><p><br /></p>
[QUOTE="Just Carl, post: 785867, member: 4552"]Decent explanation. However, I would usually either add for postage and handling or subtract that if it is included. The problem is there really is no such thing as a coin actual value. What they are when issued is the only real price of a coin. After that, they are what someone will pay for them. And always remember that they are called GUIDES. Not price listings and if they do call them that, they are in error. A good example is attempting to place a value on a 1955 Lincoln Cent Double Die. No one knows how many are in existence. How many were made. How many of thoes are left. What grades they are all in. Any value placed on that one alone is just a GUESS and that is why those listings are GUIDES. A decent method to evaluate your coins is to purchase a Red Book about three or four issues old. The prices listed in that one would be closer to what coins sell for today. I presently use the 2006 edition for evaluating my coins. People always misunderstand that those GUIDES are just GUIDES. Coins are sort of like buying a used house, used car, etc. Someone puts a price on them. Someone else counters with a less price. And that goes on until the item is sold. All just a hobby and/or buisness.[/QUOTE]
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